Govt releases two instalments of tax devolution to State Govt amounting to Rs 1,16,665.75 cr

The Union Government has released two instalments of tax devolution to State Governments amounting to Rs. 1,16,665.75 crore on August 10, 2022, as against the normal monthly devolution of Rs. 58,332.86  crore.

This is in line with the commitment of the Government of India to strengthen the hands of States to accelerate their capital and developmental expenditure.

The state-wise breakup of amounts released is given below in the table:

State-wise distribution of Net Proceeds of Union Taxes and Duties for August 2022

Sl. No	Name of State	Total (Rs. Crore)
1	Andhra Pradesh	4,721.44
2	Arunachal Pradesh	2,049.82
3	Assam	3,649.30
4	Bihar	11,734.22
5	Chhattisgarh	3,974.82
6	Goa	450.32
7	Gujarat	4,057.64
8	Haryana	1,275.14
9	Himachal Pradesh	968.32
10	Jharkhand	3,858.12
11	Karnataka	4,254.82
12	Kerala	2,245.84
13	Madhya Pradesh	9,158.24
14	Maharashtra	7,369.76
15	Manipur	835.34
16	Meghalaya	894.84
17	Mizoram	583.34
18	Nagaland	663.82
19	Odisha	5,282.62
20	Punjab	2,108.16
21	Rajasthan	7,030.28
22	Sikkim	452.68
23	Tamil Nadu	4,758.78
24	Telangana	2,452.32
25	Tripura	826
26	Uttar Pradesh	20,928.62
27	Uttarakhand	1,304.36
28	West Bengal	8,776.76
	Total	1,16,665.72

The Press Release can be accessed at - https://www.pib.gov.in/PressReleasePage.aspx?PRID=1850445